NPS Boosts Boeing Holdings with Additional Share Purchase
National Pension Service increased its holdings in Boeing by 1% in the second quarter, according to its latest 13F filing. The institutional investor purchased an additional 17,061 shares during the quarter and now owns 1,666,045 shares of the aircraft producer's stock.
The investment is worth around $360 million and accounts for approximately 0.21% of Boeing's outstanding shares. This is not the only significant development in Boeing's recent financial activity, as several other hedge funds have also modified their holdings in the company.
Princeton Capital Management LLC lifted its position in shares of Boeing by 78.3% during the fourth quarter and now owns 12,249 shares valued at $2.66 million. Rakuten Investment Management Inc. grew its position in shares of Boeing by 502.3% in the same period and now owns 103,099 shares worth around $22.4 million.